Keefe, Bruyette & Woods Upgrades Brighthouse Finl to Market Perform, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Brett Osetec has upgraded Brighthouse Financial (NASDAQ:BHF) from Underperform to Market Perform, while lowering the price target from $48 to $47.
June 17, 2024 | 9:27 am
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POSITIVE IMPACT
Keefe, Bruyette & Woods has upgraded Brighthouse Financial from Underperform to Market Perform, but has slightly lowered the price target from $48 to $47.
The upgrade from Underperform to Market Perform is a positive signal for investors, indicating improved confidence in the stock. However, the slight reduction in the price target suggests tempered expectations for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100